![]() The seamless integration of advanced technologies has led to the introduction of smart water meters, which has increased the uptake of these products over the past few years. ![]() Several consumers across the globe are also opting for water meters as they help in optimizing the bill, thereby saving energy and resources. Governments are thus taking initiatives for the same through raising awareness and installing water meters to analyze the required amount of water for various purposes, its wastage if any, and methods of preserve it. The obvious fact about depleting water resources have raised concerns about measures to reduce water consumption and wastage across the globe. The market promises to expand at a CAGR of 4.7% between 20. Citing these reasons, the research report states that the global water meter market will be worth US$6.1 bn by the end of 2027 as compared to US$4.0 bn in 2018. Over the years, several types of water meters have gained a market share in the global market owing to their importance in conserving water, energy, and reducing the expenditure on water bills. ![]() The accuracy of this equipment has simplified billing methods and allowed utilities to analyze water consumption and its wastage. Water utilities have shown keen interest in adopting water meters as these devices have evolved over the years to help consumers and service providers to understand the amount of water consumption. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |